REALTORS & HOMEBUILDERS

NAHB’s top economist weighs tariffs, immigration, economics

Homebuilders, Housing Inventory, Housing markets, REALTORS & HOMEBUILDERS / Ricky Vasquez

Economic uncertainty and tariff negotiations have left home builders that lenders increasingly partner with feeling blue. Builder confidence in June sank to a low akin to the onset of the coronavirus pandemic, according to the sector’s latest monthly index. The homebuilding industry is dealing with the high mortgage rates suppressing stronger housing demand, and unique […]

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Sellers net all-time high sales prices to close spring

Originations, REALTORS & HOMEBUILDERS / Ricky Vasquez

It’s a buyer’s market, but homeowners are still recouping all-time high sales prices. Sellers are netting an average sales price of $400,266 over the four weeks ending June 22, according to Redfin. That figure is up 1.6% from the same time last year, in a housing market currently beset by near 7% mortgage rates and

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Commission cuts stall as sellers stick to old ways

Housing markets, REALTORS & HOMEBUILDERS / Ricky Vasquez

Homeowners are reverting back to old habits in the real estate market. After giving them smaller commissions in 2024, sellers are paying buyer’s agents 2.77% commissions this year, according to brokerage Clever Real Estate. Those buyer agents saw their commissions dwindle to 2.30% last year, as the industry adjusted to a major rule change. The

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US homebuilder sentiment drops to lowest level since end of 2022

Homebuilders, Housing Inventory, REALTORS & HOMEBUILDERS / Ricky Vasquez

Confidence among US homebuilders fell to the lowest level since December 2022 in June, with potential buyers deterred by high mortgage rates and anxiety about tariffs and the economy. A gauge of market conditions from the National Association of Home Builders and Wells Fargo slipped 2 points to 32 this month. Economists expected 36 in

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Builders scale back as costs, supply rise

Homebuilders, Housing Inventory, Housing markets, REALTORS & HOMEBUILDERS / Ricky Vasquez

Housing permits fell in April, according to the National Association of Home Builders. This marks the fourth month in a row of depressed housing permits, a sign that builders continue to pull back on construction amid an anemic housing market. Nationwide permits to build single-family homes were down 4.7% through April compared to the same

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Tariffs, immigration fears stoke housing cost debate

Housing markets, Politics and policy, REALTORS & HOMEBUILDERS / Ricky Vasquez

As President Donald Trump continues his push for tougher immigration enforcement and higher tariffs, Americans are increasingly split on how it will affect home prices, a survey from real estate firm Redfin found. In the survey, 51% of respondents agreed when asked if they thought that less immigration would lead to fewer construction workers and

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Tech-driven homebuyer platform Realpha hits Texas

Industry News, Originations, Real Estate, REALTORS & HOMEBUILDERS / Ricky Vasquez

Technology-backed real estate platform Realpha is expanding into Texas, the latest move in its attempt to establish end-to-end home buying services across the country. Already active in Florida, Realpha rolled out its platform to the Lone Star State through an agreement with national brokerage Continental Real Estate Group, allowing it to build a customer base

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Housing prices soften further in Sunbelt, West, report shows

Homebuilders, Housing markets, REALTORS & HOMEBUILDERS / Ricky Vasquez

Housing prices decelerated to their slowest growth rate in two years, offering positive signals for consumers looking to buy a home in 2025, according to a new report from Intercontinental Exchange. ICE Markets’ latest Home Price Index showed housing values were up just 1.4% in May year-over-year. Seasonally-adjusted prices fell by 0.01% compared to a

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Tensions rise between trade groups over lumber tariffs

Home Prices, Homebuilders, REALTORS & HOMEBUILDERS / Ricky Vasquez

A lumber trade group is taking issue with the National Association of Home Builders’ stance against President Trump’s proposed tariffs on Canadian wood products. Following comments made on Fox Business earlier this week by NAHB CEO Jim Tobin, the U.S. Lumber Coalition called out the homebuilders’ association, which has publicly spoken out against several of

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Home remodeling bond sales surge as Americans avoid moving

Homebuilders, Housing Inventory, REALTORS & HOMEBUILDERS, Secondary markets / Ricky Vasquez

Wall Street is cranking up the bond machine as US homeowners, finding that buying a new house is out of reach since mortgage rates started climbing in 2022, are instead getting home equity loans and sprucing up their current properties. Roughly $18 billion of bonds, backed by consumer loans on everything from second mortgages to

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NAHB’s top economist weighs tariffs, immigration, economics

Sellers net all-time high sales prices to close spring

Commission cuts stall as sellers stick to old ways

US homebuilder sentiment drops to lowest level since end of 2022

Builders scale back as costs, supply rise

Tariffs, immigration fears stoke housing cost debate

Tech-driven homebuyer platform Realpha hits Texas

Housing prices soften further in Sunbelt, West, report shows

Tensions rise between trade groups over lumber tariffs

Home remodeling bond sales surge as Americans avoid moving

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